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XLRE possible Breakout

Long
Real Estate Select Sector SPDR Fund (The) (AMEX:XLRE)  
Trading-Capital  
AMEX:XLRE   Real Estate Select Sector SPDR Fund (The)
Trend Analysis Chart Patterns XLRE real estate rates yields bonds economy inflation house
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trendanalysis chartpattern xlre real estate rates yields bonds economy inflation house
XLRE is trying to breakout of a small basing formation.

With rates surging recently one has to question a potential failure of this breakout, however if it does breakout there may be some significant momentum to the upside. Could this breakout coincide with a sudden drop in rates?
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